40 Million Stolen Cards

By: Jesse Miller

It appears that a hacker that birched MasterCard's security codes and obtained this way over 40 million cards. Master Card says that the breach has been detected by a company in Atlanta, Georgia that was currently processing online transactions toward banks and comerciants. Master card International warns that any types of credit cards could be affected.

The company Card System, which detected the breach, has contacted FBI to start immediate investigations. In the press release of the event Master Card officials announced that hackers broke into the Card Systems databases because of this company's security vulnerabilities. Over 14 million Master Card owners could be affected by this, and also Visa announced that more than 22 million of its customers are also affected.
Because of poor managing on the behalf of Card Systems, millions of people have been exposed to possible online money theft issues, and maybe even identity theft.

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Hackers today have developed so many methods to steal cards that companies can't always keep up with them. Sometimes it isn't even about the company; it all depends on how naÃ?ve the card holder is. We all received various forms of spam e-mail, many of witch require us to enter our credit card information in order to get a free subscription for something. If you receive such an email don't give away your personal info. Only enter card number and pin on secure sites and before opening the link make sure it's the exact address, cause something hackers have similar addresses to already known companies, so they can trick you into giving them your info.

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